Fintech could stimulate Islamic finance industry
The global Islamic finance industry will continue to expand slowly in 2019-2020. The industry is expected to show only…
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Kuwait's Burgan Bank hires HSBC, JPMorgan to coordinate bond sale
Kuwait’s Burgan Bank has hired HSBC, JPMorgan to coordinate fixed income investor meetings ahead of a potential issue of a…
Middle East bucks poor growth figures for global personal wealth
Global growth in personal wealth hit a wall last year according to Boston Consulting Group’s most recent analysis, with the…
Islamic finance industry to sustain growth in 2020
The Islamic finance industry will continue to grow slowly in 2019-2020, S&P Global Ratings said in a new report Monday.…
Can Istanbul's New Mayor Stem Turkey's Capital Flight?
Ekrem Imamoglu, the candidate for the Republican People’s Party (CHP) who won Sunday's Istanbul mayoral election, will be presiding over…
Islamic finance industry to sustain growth in 2020
The Islamic finance industry will continue to grow slowly in 2019-2020, S&P Global Ratings said in a new report Monday.…
Global wealth expansion to support private banking
Rapid wealth generation in emerging markets is lifting many consumers into the middle classes and supporting domestic growth, in turn…
Saudi Arabia's expat permanent residency to cost US$213,000
Saudi Arabia has said expats can now apply for perminant residency, in a new programme designed to attract foreign investment.…
UAE economy grows by 2.2pc in Q1
UAE’s non-oil sector grew 1.6 per cent on year during the first quarter (Q1) of the year, with economic growth…
Bahrain beats London, Silicon Valley on ratio of female startup founders
Bahrain is one of the top 10 startup ecosystems with the largest share of female founders, according to the 2019…
Saudi and U.A.E. Bank Revenue Seen Pressured by U.S. Rate Cuts
Saudi Arabia and United Arab Emirates banks may have their annual revenue estimates cut by one or two percentage points…
Sharjah Islamic Bank eyes double-digit loan growth, up to $500 million bonds
Sharjah Islamic Bank (SIB), which will conclude in London on Monday a series of investor meetings ahead of an Islamic…